At Home Group (NYSE:HOME) updated its third quarter 2020 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $-0.04–0.01 for the period, compared to the Thomson Reuters consensus estimate of $0.05. The company issued revenue guidance of $312-317 million, compared to the consensus revenue estimate of $320.43 million.At Home Group also updated its FY 2020 guidance to $0.67-0.74 EPS.
HOME has been the subject of a number of recent analyst reports. Wells Fargo & Co reduced their target price on At Home Group from $9.00 to $6.00 and set a market perform rating for the company in a report on Thursday, September 5th. KeyCorp reduced their target price on At Home Group from $35.00 to $14.00 and set an overweight rating for the company in a report on Friday, June 7th. They noted that the move was a valuation call. ValuEngine lowered At Home Group from a hold rating to a sell rating in a report on Monday, June 3rd. Buckingham Research set a $6.00 target price on At Home Group and gave the company a sell rating in a report on Tuesday. Finally, Bank of America set a $6.00 target price on At Home Group and gave the company a sell rating in a report on Thursday, September 5th. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the company’s stock. At Home Group currently has a consensus rating of Hold and an average target price of $15.58.
Shares of NYSE HOME traded down $0.18 during midday trading on Friday, hitting $8.77. 221,268 shares of the company’s stock were exchanged, compared to its average volume of 4,291,433. At Home Group has a 12-month low of $4.58 and a 12-month high of $33.97. The company has a current ratio of 0.80, a quick ratio of 0.07 and a debt-to-equity ratio of 1.71. The company has a market cap of $548.51 million, a price-to-earnings ratio of 11.84, a PEG ratio of 0.72 and a beta of 1.23. The business’s fifty day moving average price is $6.00 and its two-hundred day moving average price is $14.35.
At Home Group (NYSE:HOME) last issued its quarterly earnings data on Wednesday, September 4th. The financial services provider reported $0.18 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.14 by $0.04. The company had revenue of $342.32 million during the quarter, compared to analyst estimates of $343.45 million. At Home Group had a return on equity of 8.62% and a net margin of 5.12%. Equities analysts expect that At Home Group will post 0.67 earnings per share for the current fiscal year.
In related news, COO Peter Sg Corsa acquired 6,393 shares of the stock in a transaction on Monday, September 9th. The stock was purchased at an average price of $7.86 per share, for a total transaction of $50,248.98. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Clifford Sosin acquired 43,044 shares of the stock in a transaction on Monday, August 26th. The stock was bought at an average price of $5.92 per share, with a total value of $254,820.48. The disclosure for this purchase can be found here. In the last ninety days, insiders acquired 1,222,324 shares of company stock valued at $7,055,257. 9.25% of the stock is owned by insiders.
At Home Group Company Profile
At Home Group Inc operates home decor superstores in the United States. The company's stores offer approximately 50,000 items, such as accent furniture, mirrors, patio cushions, rugs and wall arts, artificial flowers and trees, bedding and bath products, candles, garden and outdoor décors, holiday accessories, home organization products, pillows, pottery, vases, and window treatments.
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